Wellgreen Platinum Ltd. announced further results from its most recent field program at its 100%-owned Wellgreen PGM-Ni-Cu project, located in Canada's Yukon Territory. The newly interpreted East Zone cross section (578,075 E) is approximately 300 metres west of hole 215 in the Far East Zone and 625 metres west of the eastern-most Wellgreen cross section (578,700 E). Surface and underground drilling results in the East Zone indicate continuity of the higher grade mineralized zones adjacent to and below a wedge of sedimentary rocks in this portion of the deposit.

Historically these sedimentary rocks were believed to be the footwall and the northern end of mineralization in the main Wellgreen deposit. These new drill results in the East Zone confirm there is significant higher grade mineralization which continues below this wedge of sedimentary rocks from the east and which potentially may continue untested to the west under the main Wellgreen deposit. The new assay results indicate that underground drill holes 509 through 511 all intercepted zones of significant mineralization from 44.7 to 58.5 metres in width grading between 2.96 and 3.23 g/t Pt Eq.

and all ended in higher grade mineralization which remains open to the south, west and to depth. These holes were originally drilled to test for massive sulphide mineralization and were only very selectively assayed. The new continuous assay results from these holes demonstrate that a higher grade, high priority target exists to be tested by future drill programs and confirms continuity of that mineralization from the Far East Zone.

Surface drilling results from the East section also indicate that there are broad zones of higher grade mineralization beginning at the surface. Hole 76 on the southern side of the sediment wedge intercepted 28.4 metres grading 3.71g/t Pt Eq. or 0.89% Ni Eq.

Hole 78, which was drilled from the same collar as hole 76 but vertically, intercepted 80.6 metres grading 1.99 g/t Pt Eq. or 0.48% Ni Eq. and included a 21.4 metre intercept grading 3.00 g/t Pt Eq.

or 0.71% Ni Eq. These near surface intercepts are believed to be the continuation of the higher grade, higher sulphide material that is adjacent to the sediment contact. Similarly, on the north side of the sediment wedge in the North Arm, hole 97 intercepted 53.2 metres grading 2.02 g/t Pt Eq.

or 0.48% Ni Eq. Future drilling and metallurgical testing will evaluate the potential of these mineralized areas as near surface starter pits designed to provide higher grade mill feed early in the life of the mine. The main Wellgreen resource area has been delineated into five zones which show broad disseminated to high sulphide mineralization contained within host ultramafic rocks.

These five zones - the Far West, West, Central, East and Far East Zones - cover an area of 2.5 kilometres in length with mineralization starting at surface and extending, at the deepest known point, to at least 800 metres. These zones form a continuous, moderately to steeply south dipping body of disseminated PGM, nickel and copper mineralization that is typically 100-300 metres in width with some zones of 500-750 metres of continuous mineralization grading approximately 2 g/t Pt Eq.